Sri Lanka likely to fast track trade pacts with India
The Dollar Business Bureau In an attempt to alleviate the Brexit impact, Sri Lanka, on Tuesday, stated that it will put the proposed trade pacts with India on fast track. Harsha de Silva, Deputy Foreign Minister, hopes to accelerate the Free Trade Agreement with China and Economic and Technical Cooperation Agreement with India. Similar trade pacts are also expected to be inked by Sri Lanka with South Korea and Japan, he added. Harsha de Silva was a part of the delegation that was sent to United Kingdom to campaign for Britain’s ‘Remain’ in European Union. However, the move was censured by the opposition parties. De Silva, in defence, stated that the decision to campaign for ‘Remain’ was in the best interests of Sri Lanka. The exit of ...
India-Lanka ETCA to benefit all: Indian envoy
The Indian envoy has come under fire from the opposition and professional groups who even suggested that he be expelled for his ETCA favoured comments Source: PTI India has been given only the outline of the ETCA agreement and proper negotiations have not yet commenced India has received the draft framework on the proposed Economic and Technology Corporation Agreement with Sri Lanka and is still studying it, the Indian envoy said in Colombo on Saturday, underlining that the deal will benefit both the countries. "Last week we have received the draft of the agreement prepared by Sri Lanka. India is currently studying it and a response will be sent," Indian High Commissioner (Ambassador) Y K Sinha said during a visit to the central ...
